SPRUCE BIOSCIENCES, INC.
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 9, 2026
SPRB$46.67-5.4%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Operating expenses: | ||||
| Research and development | $18,133 | $5,011 | $37,871 | $15,418 |
| General and administrative | 5,848 | 3,218 | 14,609 | 9,995 |
| Total operating expenses | 23,981 | 8,229 | 52,480 | 25,413 |
| Loss from operations | (23,981) | (8,229) | (52,480) | (25,413) |
| Interest expense | (1,201) | (19) | (2,972) | (84) |
| Interest and other income, net | 819 | 138 | 2,070 | 660 |
| Change in fair value of warrant and conversion option liabilities | 357 | (102) | 881 | 517 |
| Net loss and comprehensive loss | (24,006) | (8,212) | (52,501) | (24,320) |
| Net loss per share, basic and diluted | $(8.51) | $(14.58) | $(23.71) | $(41.25) |
| Weighted-average shares of common stock outstanding, basic and diluted | 2,821,316 | 563,066 | 2,214,382 | 589,520 |
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